Posts from the ‘Housing Debacle’ category

Here we go again…..

Those who do not learn history (WaPo, h/t Corner)… The Obama administration is engaged in a broad push to make more home loans available to people…

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It really is Bush’s fault, Part 1: the temporary tax cuts

The 2012 election has led, in theory, to a large amount of “soul-searching” in the Republican Party. However, one datum from the electorate that has largely…

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Oh, For Cryin’ Out Loud…

U.S. Rep. Barney Frank, who was one of the main advocates of loosening the restrictions on Fannie Mae and Freddie Mac mortgages, which ultimately led to…

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Dow Hits 8,000 No Thanks To Obama

If The Teleprompted One was truly smart or if he had surrounded himself with smart people instead of incompetents like Tim Geithner, then SOMEONE would have…

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The Economic Crisis Explained in 5 min. and 21 secs.

It really is quite simple to understand after watching this.

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More Bonuses for Execs of Crooked, Broke Companies

Now Fannie Mae and Freddie Mac, the two broke now-government owned mortgage companies, are planning on giving six-figure bonuses to its execs.  Why isn’t The Teleprompted One…

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This is how it begins…

From Larry Kudlow regarding Rick Santelli’s “Rant Heard Round The World”: Santelli said: “Government is promoting bad behavior. . . . Do we really want to subsidize…

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Bank of America, Bailouts and ACORN

Bank of America, the recipient of some $20 billion in taxpayer money to bail it out, is in the process of giving $2 million to ACORN,…

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Russia Sees U.S.A. Going The Way Of The Soviet Union

From Drudge Report: RUSSIAN ANALYST PREDICTS DECLINE AND BREAKUP OF USA Tue Nov 25 2008 09:04:22 ET A leading Russian political analyst has said the economic…

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WashPo Gets It On Financial Failure

Today’s WashPo editorial on the financial crisis is spot on.  Free Market Capitalism did NOT fail us.  Rather, it was government intrusion into the markets that…

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Bill Day — Against The Bailout Until Wittman Was Against It, Then Day Was For It

And the entertainment from Bill “The Crush Puppy” Day just keeps on coming: 9/24/08 “I’m totally against it. I haven’t met anybody yet who’s for it.…

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The Video NBC Doesn’t Want You To See — SNL Gets To The Bottom Of Mortgage Crisis

This SNL skit is actually pretty darn accurate in explaining what really happened. By the way, Herbert and Marion Sandler are real people. They built Golden…

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Barney Franks Thinks You’re Racist If You Blame People For Buying Homes They Couldn’t Afford

Oh, now we can’t place blame where blame is obviously due. Rep. Barney Frank said Monday that Republican criticism of Democrats over the nation’s housing crisis…

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